The Brief: Economic Expectations & Lessons from Budget 2023

At the start of 2023, things were looking up for the province of Alberta. In fact, Alberta was experiencing one of the most dramatic fiscal turnarounds in history. At the same time, Albertans and Canadians were struggling with the rising cost of living, a challenge the Bank of Canada sought to address by hiking interest rates. Now, as we get near the end of the first quarter of 2023, how have those realities held? In this episode, BCAs Economist, Alicia Planincic, joins to discuss economic expectations for the remainder of the year, the latest GDP forecast for Canada, the outlook from Alberta's business leaders and the economic lessons we can take from Alberta's Budget 2023. ------------ About The Business Council of Alberta The Business Council of Alberta was founded on a simple idea: to make life better for all Albertans. We believe that business has an important role in improving society, and that when business does well, we all do well. We work with the chief executives and leading entrepreneurs of Alberta's largest enterprises to understand the big, long-term challenges that Albertans are facing and work with industry, government, and civil society to solve these problems and build shared prosperity for every person who calls Alberta home. Check out more of our recent work: https://bit.ly/3JG9ifS Check out recent episodes of AlbertaBETTER: https://bit.ly/3bHlfFB Subscribe to our monthly newsletter: https://bit.ly/3BPxDhv Follow us on social media: Twitter: https://bit.ly/3P7pgB0 Facebook: https://bit.ly/3Qx6B2J LinkedIn: https://bit.ly/3QaetHE YouTube: https://bit.ly/3QswqAV